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When
Facebook acquired Instagram for $1 billion earlier this month, quite a few pundits were left wondering if Facebook hadn't overpaid for the photo-sharing service. Another company that is currently
rumored to be raising funding at a $1 billion valuation is CloudFlare. The service, which promises to protect websites from security threats and helps speed up loading times in the process, launched a little riff on the rumors around its valuation today - and is making some fun of Instagram in the process - by launching
Instaflare. With Instaflare, website owners on the CloudFlare network can apply five Instagram-like filters to the images on their sites with just one click and make their photos look "like a billion bucks."
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